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#2190694 - 08/27/18 05:40 PM Business/Commercial Lending: 2018/19 Reg Changes?
Permissible Purpose Offline
Member
Joined: Sep 2017
Posts: 56
Hello,

I was wondering if there has been any recent activity in the world of regulatory compliance that may have a future impact on business lending. The last item to impact business lending (at least for me) was the Beneficial Ownership requirements for legal entity customers which rolled-out several months ago.

Are there any new proposals or even something out for commentary that anyone may know of? I'm just trying to gauge how much activity we can expect for this area of lending going into 2019.

Thank you.

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General Discussion
#2190701 - 08/27/18 05:58 PM Re: Business/Commercial Lending: 2018/19 Reg Changes? Permissible Purpose
NSF, CRCM Offline
Gold Star
NSF, CRCM
Joined: Apr 2013
Posts: 410
VA
The Business Lending Data is in Pre-Ruling Making Stage. This one is something I have being watching. Who knows when a proposal would be released, but it is still concerning.

https://www.reginfo.gov/public/do/eAgendaViewRule?pubId=201804&RIN=3170-AA09
_________________________
It is better to act cautiously beforehand than to suffer afterward.

The answers I give are my opinions. Not legal advice.

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#2192751 - 09/17/18 03:14 PM Re: Business/Commercial Lending: 2018/19 Reg Changes? NSF, CRCM
Permissible Purpose Offline
Member
Joined: Sep 2017
Posts: 56
Thank you for the link!

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